"We've extensively searched for these folks and the banks have searched for these folks as well," said Fitzgerald.

Fitzgerald said they receive about 400 deposit boxes each November. The treasurer's vault is already full.

"They put it in a lock box and then a lot of those get forgotten. And then it gets turned over to our office and we work very hard to try to find the rightful owners and return it," said Fitzgerald.

It's been 8 years since the last auction, which up until this point has been held in person.

Money raised from the auction will go into the state's general fund.

All of the items being auctioned have been in the state's possession for 10 years.

An appraiser was brought in to check the value of the items up for auction.

Fitzgerald said he hopes to have more regular online auctions in the future to help better control the large number of items coming into the treasurer's office.

Fitzgerald said the state has returned more than $154 million worth of unclaimed property over the years. He says last year his office took possession of an estimated $27 million in unclaimed property.

Forty years ago, one of the greatest boxing matches in history took place in an unlikely setting: the capital of the Philippines. Muhammad Ali's epic win over great rival Joe Frazier in 1975 became known as the "Thrilla in Manila."